Ministry of Land, Infrastructure and Transport Announces Changes to the 'Southern Coastal Region Comprehensive Development Plan'

Gyeongnam Province Reflects Total Project Cost of Over 5.58 Trillion Won in 50 Detailed Projects

Comprehensive Development Plan Strategy Map for the South Coast Area. (Photo by Gyeongnam Province)

[Asia Economy Yeongnam Reporting Headquarters Reporter Hwang Choi Hyun-joo] Gyeongnam Province announced on the 1st that 50 detailed projects in the Gyeongnam area, with a total project cost of 5.5874 trillion KRW, have been reflected in the 'Southern Coast Comprehensive Development Plan' decided and announced by the Ministry of Land, Infrastructure and Transport.

The Ministry of Land's announcement was made on the 29th, establishing the 'Southern Coast Comprehensive Development Plan' for the first time in accordance with the 2010 'Special Act on the Development of the East, West, South Coast and Inland Areas.'

The revised 'Southern Coast Comprehensive Development Plan' consists of 4 strategies, 7 projects, 20 unit projects, and 96 detailed projects, with a total project cost of 20.5495 trillion KRW including private investment.

Gyeongnam has secured 50 detailed projects with a total project cost of 5.5874 trillion KRW in seven cities including Changwon, Tongyeong, and Sacheon, laying the foundation for interregional cooperation and integrated development and implementation with other plans.

Additionally, 11 projects (7 independent, 4 joint) were selected as core projects, including the Tongyeong abandoned shipyard regeneration project, Namhae Bridge tourism resource development, creation of premium scenic spaces along the southern coast, and tourism resource projects utilizing Namhae Bridge, Seomjin Railroad Bridge, and abandoned schools.

Furthermore, according to the comprehensive plan established in 2010, Gyeongnam successfully completed a total of 32 projects in the region, such as the 'Geoje Jise-po Marine Sports Town Development Project,' which proposed differentiated types of family experience resorts like Daemyung Resort and dolphin ecological experience centers, and the 'Namhae Diet Treasure Island Development Project,' which includes diet centers and healing forests in the Jodo and Hodo areas.

Park Jeong-jun, Director of the Western Region Development Bureau of Gyeongnam Province, said, "The revised and announced Southern Coast Comprehensive Development Plan is expected to play an important role in overcoming the capital region-centered national land development structure and maximizing Gyeongnam's characteristics and potential, thereby laying the groundwork for the win-win development of the eastern and western regions of the southern coast."

This content was produced with the assistance of AI translation services.